Step 1) Read the statement and report in full below:
“The U.S. construction industry has an enormous opportunity to improve the effectiveness of the incentives offered to employees for increasing return on their investment and driving the desired outcomes and behaviors” (FMI Management Consulting, 2013, p. 30).
http://www.fminet.com/media/pdf/report/IncentiveCompSurveyReport_2013.pdf
Step 2) Select a specific industry to focus on for this discussion. (The report was about the construction industry. However, you should branch out and select a different industry. Everyone should discuss a different industry, if possible.) IBISWorld is available from the Trident Online Library. You may find IBISWorld useful as you prepare for this discussion topic.
Step 3) Answer the following 4 questions below using question-and-answer (Q&A) format; in other words, include the original question along with your response. Support your responses with information from at least two reputable sources (library and/or Web-based) and provide full citation at the end. Use APA format for your references. Share your own personal experiences, readings, and research, where applicable.
- What industry did you select? You can select Any of your choice.
- What are some ideas on how to improve the effectiveness of using employee incentives in the workplace?
- What are the challenges of offering incentives in your selected industry?
- What are your recommendations on how to overcome those challenges?